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Advanced Strategic Warehousing and Stores Management

By: Tom Associates  

Lagos State, Nigeria

15 - 17 Apr, 2015  3 days

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Efficient warehouse operations do the following:

  • Provide timely customer service
  • Keep track of items so that they can be found easily and correctly.
  • Minimize the organisation’s physical effort and thus

Participants in this course will:

  • Understand the strategic importance of warehousing and stores management in company profitability.
  • Appreciate the underlying principles and applications of Material Requirements Planning (MRP)
  • Use the accounting procedures required in issuance of materials
  • Apply the concept of the organisation distribution cost as a working model
  • Implement good warehousing practices.

Course Contents

DAY ONE

  • Types of Warehouses
  • Warehouse design, partitioning and control procedures:
  • Partition/stock locations
  • Inventory
  • Ordering
  • Flow of Materials:
  • Purchased materials
  • Work In Progress (WIP)
  • Numbering and classification systems for different stores items:
  • Numeric
  • Combination of numeric and alphabet
  • Stock Control
  • Stock Classification
  • Stock Counts
  • Stock Accuracy
  • Stock Valuation
  • Safety Stock
  • Stock Keeping
  • Reporting Processes for Stock
  • Processing of Stock-Essence of Timing

DAY TWO

  • Issuance of materials, FIFO, LIFO, etc
  • Materials Requisition Planning (MRP)
  • Finished Goods:
  • Distribution Planning
  • Distribution Control
  • Maintenance, Repair and Operational Supplier (MRO)
  • Store keeping and related documentation
  • Inventory management
  • Handling of Returned Goods/Objections

DAY THREE

  • Good house-keeping practices:
  • Arrangement
  • Accessibility
  • Cleanliness
  • Procedure
  • Spacing
  • Fumigation
  • Identification
  • Treatment of discrepancies
  • Obsolescence, obsoleteness, redundancy and deterioration.
  • Personnel:
  • Honesty
  • Diligence
  • Accountability
  • Numeric competence
  • Observant
  • Neat/orderly
  • Hard working
  • Good public relations
  • Health, Safety & Environment (HSE)
  • Identification & Assessment of Inventory Risks
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Registration: 8.30 - 9.00 a.m. Class Session: 9.00 - 4.00 p.m. Apr 15 - 17 Apr, 2015
NGN110,000.00
(Convert Currency)

08033019120

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